Friday, July 27, 2012

2013: End of Gold's Bull Market?

TheStreet.com's Neil Meader thinks that the possible ramification of the Euro Zone soveriegn debt crisis will may mark the end. A period of deflation would certainly follow any attempt to fund U.S. debt. A high of $2,000 is anticipaed for this years ceiling price of gold. Higher interest rates will most likely mark the end of the bull market for gold.